Short Term Trading Weekend Lounge: 13 - 15 Nov, page-35

  1. 4,745 Posts.
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    Hi @rick64.

    You are right about double or triple tops, it can be dangerous to invest @ those tops. I will use usually tight mental stops. There was a large seller sitting @32.5cts for a while and he seems have disappeared (hopefully forever) In a perfect world I would wait for a breakout above 35cts, then buy when retesting support, holding support would be a strong signal and then off to the races. Are we living in a perfect world?

    In MBH's case I add a bit of FA. Victoria now in much better covid shape, MBH's business should improve even more than whatit did over the last few months and leading into Xmas should also add towards top- and bottom line. Since getting rid of the old management crew, MBH went from strength to strength. Top- and bottom line growth, rebranding, company name change, illoustrous investors joining the ride, adding all to their success. As I said before I see another letup coming. Price target 45/50 cts.
 
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